---
kind: "section"
citation: "31 C.F.R. § 34.103"
title: "31"
number: "34.103"
heading: "Allocation of funds."
url: "https://uscodex.org/cfr/31/34.103"
---

# §34.103. Allocation of funds.


The amounts in the Trust Fund are allocated among the programs in [§ 34.1](/cfr/31/34.1.md).

- (a) **Available funds in the Trust Fund, other than interest, are allocated as follows—**
  - (1) Thirty-five percent in equal shares for the Gulf Coast States to be used for the Direct Component of the Gulf RESTORE Program. [Section 34.302](/cfr/31/34.302.md) describes the allocation for each Gulf Coast State.
  - (2) Thirty percent for the Council to be used for the Comprehensive Plan Component of the Gulf RESTORE Program.
  - (3) Thirty percent for formula distribution to Gulf Coast States to be used for the Spill Impact Component of the Gulf RESTORE Program.
  - (4) **Two and one-half percent to be used for the NOAA RESTORE Act Science Program.**
  - (5) Two and one-half percent in equal shares for the Gulf Coast States to be used for the Centers of Excellence Research Grants Program.
- (b) Within ten days of the close of a Federal fiscal year, available funds equal to the interest earned on the Trust Fund investments will be allocated, as follows:
  - (1) **Twenty-five percent to be used for the NOAA RESTORE Act Science Program.**
  - (2) **Twenty-five percent for the Centers of Excellence Research Grants Program.**
  - (3) **Fifty percent for the Comprehensive Plan Component of the Gulf RESTORE Program.**

## Notes

### Authority

Authority: 31 U.S.C. 301; 31 U.S.C. 321; 33 U.S.C. 1251 et seq.

### Source

Source: 80 FR 77243, Dec. 14, 2015, unless otherwise noted.